Brazil’s projected FDI raised by analysts
People looking for property for sale in Brazil could be interested to hear the projected amount of foreign investment in the country has been raised by ten basis points (0.1 per cent).
Market analysts have increased the ratio between new public debt and gross domestic product which now stands at 41.3 per cent, according to a survey by the country’s central bank.
The Focus Bulletin is used to predict foreign investors’ confidence in the South American nation, reports ANBA.
According to the survey, foreign director investment in the nation has gone up from $31.3 billion (£15.9 billion) to $33 billion.
Meanwhile, last week it was revealed that the Latin American country had been appointed investment grade by another leading credit-ratings firm, indicating the nation is fit for investment.
First Ratings increased the country’s rating only one month after it was appointed investment grade by Standard and Poor’s.
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